Fuel Subsidy Return Could Push Naira to N4,000/$, Oyedele Warns

Finance Minister Taiwo Oyedele has warned that restoring petrol subsidies could trigger capital flight, weaken the…

uMngeni Installs 1,885 Smart Meters to Recover Electricity Revenue

South Africa’s uMngeni Municipality has installed 1,885 smart meters to curb electricity losses, recover revenue and…

Africa Energy Week Projects Seek $16bn, Including 180MW Gas Plant

Fifteen African oil, gas and power projects are seeking more than $16 billion in funding, including…

Dangote Refinery IPO Draws Investors From Over 90 Countries

Dangote Refinery’s IPO has attracted investors from over 90 countries as the company reports US$22.5 billion…

Oyo Set to Gain 17.7MW as FG Launches Five Mini-Grid Projects

Five mini-grid projects with a combined capacity of 17.7MW and a 17.74MWh battery storage system are…

FG Approves New Eastern-Western Grid to Tackle Nigeria’s Power Grid Collapses

The Federal Government has approved plans for eastern and western electricity grids to tackle Nigeria’s recurring…

Zimbabwe Approves US$650 Million Kariba Floating Solar Project Amid Gwanda Delays

Zimbabwe’s Cabinet approved a US$650 million floating solar project on Lake Kariba, with a planned capacity…

Oil Prices Surge as Iran Deploys New Tactics to Target Tankers

Oil prices rose as Iran deployed new tactics to target ships amid escalating Middle East tensions.…

Nigeria’s Oil Output Hits 1.72m Barrels per Day in September

Nigeria’s combined crude oil and condensate output rose 2.34% to 1.717 million barrels per day in…

Shell Agrees to Sell Nigerian Gas Distribution Business to Vaaris Energy

Shell has agreed to sell its Nigerian gas distribution business to Vaaris Energy, pending regulatory approvals.…